Black Country property agents Bond Wolfe have had a flying start to the new year with a series of exciting deals.
Managing partner James Mattin said it was further evidence of the improving market conditions in the sector with demand at its highest since 2008.
“We have closed three pieces of business and in addition just the first week back secured three industrial property instructions, two sales and one letting, as confidence returns.
“We are looking for a strong 12 months as the economy continues to improve,” he said.
It follows a record 2013 for the firm.
First up was the sale of 56 Pinfold Street, Wednesbury, for £210,000 to a private buyer who will be relocating his classic car parts business to the premises.
The property comprises a two storey building incorporating offices, trade counter, warehouse and workshop facilities. It totals 0.24 acres and 3,370 sq ft, and is conveniently located just a mile and a half from Junction 9 of the M6.
Bond Wolfe has sold 52a Harrison St, Bloxwich, for £325,000 to Birmingham-based 24/7 Electronics.
The group, one of the UK’s top online retailers of consumer electronics and home appliances, with 34 years of experience in the trade, is opening another outlet there.
They sell a huge range of products including televisions, dvd players, blu-ray players, washing machines, cookers, tumble dryers, fridge freezers, ovens and vacuum cleaners.
The new premises comprise a substantial 10,307 sq ft warehouse/showroom in the town centre. In addition there are 2,690 sq ft of first floor offices and a further 4,842 sq ft storage area.
The third transaction sees Bond Wolfe complete the letting of a unit at Sterling Park, Woodgate Valley, to training provider Envirohort on a three year lease.
Envirohort is involved in environmental conservation, horticulture and enterprise support, with a number of work experience programmes running across the West Midlands.
“We are well pleased with the way 2014 has begun,” said Mr Mattin.
“It is very encouraging to see companies and organisations looking to expand and grow.”
